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Union Arbitrage Fund Direct Growth
AlternativeArbitrage FundLow Risk
Direct
NAV (17-Apr-25)
₹14.360.03%1D
Returns (Since Inception)
6.03%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹303 Cr
Expense Ratio
0.45%
ISIN
INF582M01ES7
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
27 Feb 2019
About this fund
Union Arbitrage Fund Direct Growth is a Arbitrage Fund mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 6 years, 1 months and 23 days, having been launched on 27-Feb-19.
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹14.36, Assets Under Management (AUM) of 302.61 Crores, and an expense ratio of 0.45%.
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹14.36, Assets Under Management (AUM) of 302.61 Crores, and an expense ratio of 0.45%.
- Union Arbitrage Fund Direct Growth has given a CAGR return of 6.03% since inception.
- The fund's asset allocation comprises around 0.23% in equities, 0.93% in debts, and 98.81% in cash & cash equivalents.
- You can start investing in Union Arbitrage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.77%
+6.73% (Cat Avg.)
3 Years
+7.17%
+6.55% (Cat Avg.)
5 Years
+5.92%
+5.40% (Cat Avg.)
Since Inception
+6.03%
— (Cat Avg.)
Portfolio Summaryas of 31st March 2025
| Equity | ₹0.7 Cr | 0.23% |
| Debt | ₹2.81 Cr | 0.93% |
| Others | ₹299.1 Cr | 98.84% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹207.48 Cr | 68.56% |
| Union Liquid Dir Gr | Mutual Fund - Open End | ₹35.67 Cr | 11.79% |
| Treps | Cash - Repurchase Agreement | ₹31.48 Cr | 10.40% |
| 7.40% Reverse Repo | Cash - Repurchase Agreement | ₹16.8 Cr | 5.55% |
| Union Money Market Dir Gr | Mutual Fund - Open End | ₹9.82 Cr | 3.24% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-7.07 Cr | 2.34% |
| HDFC Bank Ltd | Equity | ₹7.04 Cr | 2.33% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-6.73 Cr | 2.22% |
| Reliance Industries Ltd | Equity | ₹6.69 Cr | 2.21% |
| Future on KEI Industries Ltd | Equity - Future | ₹-6.04 Cr | 2.00% |
| KEI Industries Ltd | Equity | ₹6.03 Cr | 1.99% |
| Future on Tech Mahindra Ltd | Equity - Future | ₹-5.03 Cr | 1.66% |
| Tech Mahindra Ltd | Equity | ₹5.02 Cr | 1.66% |
| Future on Adani Green Energy Ltd | Equity - Future | ₹-4.9 Cr | 1.62% |
| Adani Green Energy Ltd | Equity | ₹4.87 Cr | 1.61% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-4.35 Cr | 1.44% |
| Kotak Mahindra Bank Ltd | Equity | ₹4.34 Cr | 1.43% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-4.17 Cr | 1.38% |
| UltraTech Cement Ltd | Equity | ₹4.14 Cr | 1.37% |
| Voltas Ltd | Equity | ₹4.07 Cr | 1.34% |
| Future on Divi's Laboratories Ltd | Equity - Future | ₹-4.01 Cr | 1.32% |
| Future on Voltas Ltd | Equity - Future | ₹-4.01 Cr | 1.32% |
| Divi's Laboratories Ltd | Equity | ₹3.99 Cr | 1.32% |
| The Indian Hotels Company Ltd. 24-Apr-25 | Equity - Future | ₹-3.8 Cr | 1.26% |
| Indian Hotels Co Ltd | Equity | ₹3.78 Cr | 1.25% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-3.59 Cr | 1.19% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹3.58 Cr | 1.18% |
| Future on NTPC Ltd | Equity - Future | ₹-3.55 Cr | 1.17% |
| NTPC Ltd | Equity | ₹3.54 Cr | 1.17% |
| Future on Trent Ltd | Equity - Future | ₹-3.42 Cr | 1.13% |
| Trent Ltd | Equity | ₹3.41 Cr | 1.13% |
| Future on Eicher Motors Ltd | Equity - Future | ₹-3.29 Cr | 1.09% |
| Eicher Motors Ltd | Equity | ₹3.28 Cr | 1.08% |
| Future on The Federal Bank Ltd | Equity - Future | ₹-3.2 Cr | 1.06% |
| The Federal Bank Ltd | Equity | ₹3.18 Cr | 1.05% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-3.15 Cr | 1.04% |
| Bajaj Finance Ltd | Equity | ₹3.13 Cr | 1.03% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-3.09 Cr | 1.02% |
| Future on State Bank of India | Equity - Future | ₹-3.08 Cr | 1.02% |
| Mahindra & Mahindra Ltd | Equity | ₹3.08 Cr | 1.02% |
| State Bank of India | Equity | ₹3.07 Cr | 1.01% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-2.98 Cr | 0.98% |
| Bharti Airtel Ltd | Equity | ₹2.96 Cr | 0.98% |
| Future on Cholamandalam Investment and Finance Co Ltd | Equity - Future | ₹-2.96 Cr | 0.98% |
| Future on Oil & Natural Gas Corp Ltd | Equity - Future | ₹-2.96 Cr | 0.98% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹2.94 Cr | 0.97% |
| Future on ICICI Bank Ltd | Equity - Future | ₹-2.94 Cr | 0.97% |
| Oil & Natural Gas Corp Ltd | Equity | ₹2.94 Cr | 0.97% |
| ICICI Bank Ltd | Equity | ₹2.93 Cr | 0.97% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-2.86 Cr | 0.95% |
| Hindustan Unilever Ltd | Equity | ₹2.85 Cr | 0.94% |
| Future on Infosys Ltd | Equity - Future | ₹-2.65 Cr | 0.88% |
| Infosys Ltd | Equity | ₹2.64 Cr | 0.87% |
| Future on Vodafone Idea Ltd | Equity - Future | ₹-2.63 Cr | 0.87% |
| Vodafone Idea Ltd | Equity | ₹2.61 Cr | 0.86% |
| Future on Pidilite Industries Ltd | Equity - Future | ₹-2.58 Cr | 0.85% |
| Pidilite Industries Ltd | Equity | ₹2.56 Cr | 0.85% |
| Future on Vedanta Ltd | Equity - Future | ₹-2.51 Cr | 0.83% |
| Vedanta Ltd | Equity | ₹2.5 Cr | 0.83% |
| Future on TVS Motor Co Ltd | Equity - Future | ₹-2.47 Cr | 0.82% |
| Future on Hindustan Aeronautics Ltd Ordinary Shares | Equity - Future | ₹-2.46 Cr | 0.81% |
| TVS Motor Co Ltd | Equity | ₹2.46 Cr | 0.81% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹2.44 Cr | 0.81% |
| Future on Bajaj Finserv Ltd | Equity - Future | ₹-2.42 Cr | 0.80% |
| Bajaj Finserv Ltd | Equity | ₹2.41 Cr | 0.80% |
| Future on Aditya Birla Fashion and Retail Ltd | Equity - Future | ₹-2.27 Cr | 0.75% |
| Aditya Birla Fashion and Retail Ltd | Equity | ₹2.27 Cr | 0.75% |
| Future on Jubilant Foodworks Ltd | Equity - Future | ₹-2.17 Cr | 0.72% |
| Jubilant Foodworks Ltd | Equity | ₹2.16 Cr | 0.71% |
| Future on Axis Bank Ltd | Equity - Future | ₹-2.14 Cr | 0.71% |
| Axis Bank Ltd | Equity | ₹2.14 Cr | 0.71% |
| Future on Coforge Ltd | Equity - Future | ₹-2.13 Cr | 0.70% |
| Future on Tata Steel Ltd. | Equity - Future | ₹-2.13 Cr | 0.70% |
| Coforge Ltd | Equity | ₹2.13 Cr | 0.70% |
| Tata Steel Ltd | Equity | ₹2.12 Cr | 0.70% |
| Future on REC Ltd | Equity - Future | ₹-2.11 Cr | 0.70% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-2.11 Cr | 0.70% |
| Future on Asian Paints Ltd | Equity - Future | ₹-2.11 Cr | 0.70% |
| Asian Paints Ltd | Equity | ₹2.11 Cr | 0.70% |
| REC Ltd | Equity | ₹2.1 Cr | 0.69% |
| Hindalco Industries Ltd | Equity | ₹2.1 Cr | 0.69% |
| Future on Siemens Ltd | Equity - Future | ₹-2.1 Cr | 0.69% |
| Siemens Ltd | Equity | ₹2.1 Cr | 0.69% |
| Future on Jio Financial Services Ltd | Equity - Future | ₹-2.07 Cr | 0.69% |
| Future on UPL Ltd | Equity - Future | ₹-2.07 Cr | 0.69% |
| UPL Ltd | Equity | ₹2.07 Cr | 0.68% |
| Jio Financial Services Ltd | Equity | ₹2.06 Cr | 0.68% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-2.05 Cr | 0.68% |
| Future on Persistent Systems Ltd | Equity - Future | ₹-2.04 Cr | 0.68% |
| Larsen & Toubro Ltd | Equity | ₹2.04 Cr | 0.68% |
| Persistent Systems Ltd | Equity | ₹2.04 Cr | 0.67% |
| Future on PB Fintech Ltd | Equity - Future | ₹-2.03 Cr | 0.67% |
| PB Fintech Ltd | Equity | ₹2.02 Cr | 0.67% |
| 182 Days Tbill | Bond - Gov't/Treasury | ₹2 Cr | 0.66% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-1.99 Cr | 0.66% |
| Bharat Electronics Ltd | Equity | ₹1.98 Cr | 0.65% |
| Future on Godrej Properties Ltd | Equity - Future | ₹-1.92 Cr | 0.64% |
| Future on Tube Investments of India Ltd Ordinary Shares | Equity - Future | ₹-1.92 Cr | 0.63% |
| Godrej Properties Ltd | Equity | ₹1.92 Cr | 0.63% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹1.91 Cr | 0.63% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-1.9 Cr | 0.63% |
| Tata Consultancy Services Ltd | Equity | ₹1.89 Cr | 0.63% |
| Future on HDFC Life Insurance Co Ltd | Equity - Future | ₹-1.89 Cr | 0.62% |
| Future on ICICI Lombard General Insurance Co Ltd | Equity - Future | ₹-1.89 Cr | 0.62% |
| HDFC Life Insurance Co Ltd | Equity | ₹1.89 Cr | 0.62% |
| Future on Adani Enterprises Ltd | Equity - Future | ₹-1.88 Cr | 0.62% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹1.88 Cr | 0.62% |
| Adani Enterprises Ltd | Equity | ₹1.88 Cr | 0.62% |
| Future on Mphasis Ltd | Equity - Future | ₹-1.86 Cr | 0.62% |
| Future on Dalmia Bharat Ltd | Equity - Future | ₹-1.86 Cr | 0.62% |
| Future on Aurobindo Pharma Ltd | Equity - Future | ₹-1.86 Cr | 0.61% |
| Mphasis Ltd | Equity | ₹1.86 Cr | 0.61% |
| Dalmia Bharat Ltd | Equity | ₹1.85 Cr | 0.61% |
| Aurobindo Pharma Ltd | Equity | ₹1.85 Cr | 0.61% |
| Future on Coal India Ltd | Equity - Future | ₹-1.84 Cr | 0.61% |
| Coal India Ltd | Equity | ₹1.84 Cr | 0.61% |
| Indus Towers Ltd. 24-Apr-25 | Equity - Future | ₹-1.83 Cr | 0.60% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹1.82 Cr | 0.60% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-1.79 Cr | 0.59% |
| Maruti Suzuki India Ltd | Equity | ₹1.79 Cr | 0.59% |
| Future on Polycab India Ltd | Equity - Future | ₹-1.68 Cr | 0.56% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-1.67 Cr | 0.55% |
| Polycab India Ltd | Equity | ₹1.67 Cr | 0.55% |
| HCL Technologies Ltd | Equity | ₹1.67 Cr | 0.55% |
| Future on Adani Ports & Special Economic Zone Ltd | Equity - Future | ₹-1.62 Cr | 0.53% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹1.61 Cr | 0.53% |
| Future on Cyient Ltd | Equity - Future | ₹-1.6 Cr | 0.53% |
| Cyient Ltd | Equity | ₹1.59 Cr | 0.53% |
| Future on Cipla Ltd | Equity - Future | ₹-1.55 Cr | 0.51% |
| Cipla Ltd | Equity | ₹1.55 Cr | 0.51% |
| Future on Multi Commodity Exchange of India Ltd | Equity - Future | ₹-1.49 Cr | 0.49% |
| Multi Commodity Exchange of India Ltd | Equity | ₹1.49 Cr | 0.49% |
| Power Finance Corp Ltd. | Bond - Corporate Bond | ₹-1.46 Cr | 0.48% |
| Power Finance Corp Ltd | Equity | ₹1.45 Cr | 0.48% |
| Future on Dixon Technologies (India) Ltd | Equity - Future | ₹-1.39 Cr | 0.46% |
| Dixon Technologies (India) Ltd | Equity | ₹1.38 Cr | 0.46% |
| Future on Grasim Industries Ltd | Equity - Future | ₹-1.37 Cr | 0.45% |
| Grasim Industries Ltd | Equity | ₹1.37 Cr | 0.45% |
| Future on Bank of India | Equity - Future | ₹-1.35 Cr | 0.45% |
| Bank of India | Equity | ₹1.34 Cr | 0.44% |
| Future on Titan Co Ltd | Equity - Future | ₹-1.29 Cr | 0.43% |
| Titan Co Ltd | Equity | ₹1.29 Cr | 0.43% |
| Future on Indian Railway Catering And Tourism Corp Ltd | Equity - Future | ₹-1.28 Cr | 0.42% |
| Indian Railway Catering And Tourism Corp Ltd | Equity | ₹1.27 Cr | 0.42% |
| Future on Hindustan Petroleum Corp Ltd | Equity - Future | ₹-1.24 Cr | 0.41% |
| Hindustan Petroleum Corp Ltd | Equity | ₹1.24 Cr | 0.41% |
| Future on Max Financial Services Ltd | Equity - Future | ₹-1.2 Cr | 0.40% |
| Max Financial Services Ltd | Equity | ₹1.19 Cr | 0.39% |
| Future on Bajaj Auto Ltd | Equity - Future | ₹-1.19 Cr | 0.39% |
| Bajaj Auto Ltd | Equity | ₹1.18 Cr | 0.39% |
| Future on DLF Ltd | Equity - Future | ₹-1.13 Cr | 0.37% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹1.13 Cr | 0.37% |
| Future on SBI Cards and Payment Services Ltd Ordinary Shares | Equity - Future | ₹-1.13 Cr | 0.37% |
| DLF Ltd | Equity | ₹1.12 Cr | 0.37% |
| Future on Balkrishna Industries Ltd | Equity - Future | ₹-1.07 Cr | 0.36% |
| Balkrishna Industries Ltd | Equity | ₹1.07 Cr | 0.35% |
| Future on ITC Ltd | Equity - Future | ₹-1.05 Cr | 0.35% |
| ITC Ltd | Equity | ₹1.05 Cr | 0.35% |
| Future on Lupin Ltd | Equity - Future | ₹-1.04 Cr | 0.34% |
| Lupin Ltd | Equity | ₹1.03 Cr | 0.34% |
| Future on Escorts Kubota Ltd | Equity - Future | ₹-1.03 Cr | 0.34% |
| Escorts Kubota Ltd | Equity | ₹1.02 Cr | 0.34% |
| Future on Apollo Hospitals Enterprise Ltd | Equity - Future | ₹-0.99 Cr | 0.33% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹0.99 Cr | 0.33% |
| Future on United Spirits Ltd | Equity - Future | ₹-0.98 Cr | 0.32% |
| United Spirits Ltd | Equity | ₹0.98 Cr | 0.32% |
| Future on Tata Consumer Products Ltd | Equity - Future | ₹-0.96 Cr | 0.32% |
| Tata Consumer Products Ltd | Equity | ₹0.96 Cr | 0.32% |
| Future on Supreme Industries Ltd | Equity - Future | ₹-0.95 Cr | 0.31% |
| Supreme Industries Ltd | Equity | ₹0.94 Cr | 0.31% |
| Future on Bank of Baroda | Equity - Future | ₹-0.94 Cr | 0.31% |
| Bank of Baroda | Equity | ₹0.94 Cr | 0.31% |
| Future on Info Edge (India) Ltd | Equity - Future | ₹-0.92 Cr | 0.30% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-0.92 Cr | 0.30% |
| Info Edge (India) Ltd | Equity | ₹0.92 Cr | 0.30% |
| Tata Power Co Ltd | Equity | ₹0.91 Cr | 0.30% |
| Future on Nestle India Ltd | Equity - Future | ₹-0.9 Cr | 0.30% |
| Nestle India Ltd | Equity | ₹0.9 Cr | 0.30% |
| Future on Granules India Ltd | Equity - Future | ₹-0.88 Cr | 0.29% |
| Granules India Ltd | Equity | ₹0.88 Cr | 0.29% |
| Future on IIFL Finance Ltd | Equity - Future | ₹-0.87 Cr | 0.29% |
| IIFL Finance Ltd | Equity | ₹0.86 Cr | 0.29% |
| Future on Adani Energy Solutions Ltd | Equity - Future | ₹-0.82 Cr | 0.27% |
| Adani Energy Solutions Ltd | Equity | ₹0.82 Cr | 0.27% |
| Future on SBI Life Insurance Co Ltd | Equity - Future | ₹-0.82 Cr | 0.27% |
| SBI Life Insurance Co Ltd | Equity | ₹0.81 Cr | 0.27% |
| Future on Max Healthcare Institute Ltd Ordinary Shares | Equity - Future | ₹-0.75 Cr | 0.25% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹0.75 Cr | 0.25% |
| Future on Prestige Estates Projects Ltd | Equity - Future | ₹-0.73 Cr | 0.24% |
| Prestige Estates Projects Ltd | Equity | ₹0.73 Cr | 0.24% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-0.68 Cr | 0.22% |
| Ambuja Cements Ltd | Equity | ₹0.68 Cr | 0.22% |
| Future on Canara Bank | Equity - Future | ₹-0.66 Cr | 0.22% |
| Canara Bank | Equity | ₹0.66 Cr | 0.22% |
| Future on GMR Airports Ltd | Equity - Future | ₹-0.64 Cr | 0.21% |
| GMR Airports Ltd | Equity | ₹0.64 Cr | 0.21% |
| Future on Tata Motors Ltd | Equity - Future | ₹-0.6 Cr | 0.20% |
| Tata Motors Ltd | Equity | ₹0.59 Cr | 0.20% |
| Future on JSW Energy Ltd | Equity - Future | ₹-0.53 Cr | 0.17% |
| JSW Energy Ltd | Equity | ₹0.52 Cr | 0.17% |
| Future on Shriram Finance Ltd | Equity - Future | ₹-0.49 Cr | 0.16% |
| Shriram Finance Ltd | Equity | ₹0.49 Cr | 0.16% |
| Future on Astral Ltd | Equity - Future | ₹-0.38 Cr | 0.13% |
| Astral Ltd | Equity | ₹0.38 Cr | 0.13% |
| 182 DTB 05062025 | Bond - Gov't/Treasury | ₹0.3 Cr | 0.10% |
| Future on CG Power & Industrial Solutions Ltd | Equity - Future | ₹-0.19 Cr | 0.06% |
| CG Power & Industrial Solutions Ltd | Equity | ₹0.19 Cr | 0.06% |
| Net Receivable / Payable | Cash - Collateral | ₹-0.16 Cr | 0.05% |
| Future on Varun Beverages Ltd | Equity - Future | ₹-0.09 Cr | 0.03% |
| Varun Beverages Ltd | Equity | ₹0.09 Cr | 0.03% |
| Future on Hero MotoCorp Ltd | Equity - Future | ₹-0.06 Cr | 0.02% |
| Hero MotoCorp Ltd | Equity | ₹0.06 Cr | 0.02% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹51.5 Cr | 17.02% |
| Consumer Cyclical | ₹30.47 Cr | 10.07% |
| Industrials | ₹25.82 Cr | 8.53% |
| Basic Materials | ₹21.51 Cr | 7.11% |
| Technology | ₹18.63 Cr | 6.16% |
| Healthcare | ₹14.62 Cr | 4.83% |
| Energy | ₹14.59 Cr | 4.82% |
| Utilities | ₹10.67 Cr | 3.53% |
| Communication Services | ₹8.31 Cr | 2.75% |
| Consumer Defensive | ₹6.83 Cr | 2.26% |
| Real Estate | ₹3.77 Cr | 1.25% |
Risk & Performance Ratios
Standard Deviation
This fund
0.63%
Cat. avg.
0.83%
Lower the better
Sharpe Ratio
This fund
0.87
Cat. avg.
0.08
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.41
Higher the better
Fund Managers
Devesh Thacker
Since February 2019
Vishal Thakker
Since February 2019
Additional Scheme Detailsas of 31st March 2025
ISIN INF582M01ES7 | Expense Ratio 0.45% | Exit Load No Charges | Fund Size ₹303 Cr | Age 6 years 1 month | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY 50 Arbitrage TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Arbitrage Fund Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| UTI Income Plus Arbitrage Active Fund of Fund Regular Growth Moderately High risk | - | 0.0% | - | - |
| UTI Income Plus Arbitrage Active Fund of Fund Direct Growth Moderately High risk | - | 0.0% | - | - |
| Quant Arbitrage Fund Direct Growth Low Risk | - | 0.0% | - | - |
| Quant Arbitrage Fund Regular Growth Low Risk | - | 0.0% | - | - |
| f Motilal Oswal Arbitrage Fund Regular Growth Low Risk | 1.0% | 0.0% | ₹590.26 Cr | - |
| f Motilal Oswal Arbitrage Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹590.26 Cr | - |
| Samco Arbitrage Fund Regular Growth Low Risk | 1.2% | 0.0% | ₹34.08 Cr | - |
| Samco Arbitrage Fund Direct Growth Low Risk | 0.4% | 0.0% | ₹34.08 Cr | - |
| Franklin India Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹206.80 Cr | - |
| Franklin India Arbitrage Fund Regular Growth Low Risk | 1.0% | 0.0% | ₹206.80 Cr | - |
About the AMC
Union Mutual Fund
Total AUM
₹38,926 Cr
Address
Unit 802, 8th Floor, Tower ‘A’, Mumbai, 400013
Other Funds by Union Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Union Children's Fund Direct Growth Very High Risk | 1.3% | 0.0% | ₹61.87 Cr | 10.1% |
| Union Innovation & Opportunities Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹854.34 Cr | 12.7% |
| Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth Moderate Risk | - | 0.0% | ₹25.17 Cr | 8.1% |
| Union Small Cap Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1444.06 Cr | 4.4% |
| Union Hybrid Equity Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹618.56 Cr | 8.4% |
| Union Medium Duration Fund Direct Growth Moderate Risk | 0.6% | 1.0% | ₹80.25 Cr | 8.2% |
| Union Value Discovery Fund Direct Growth Very High Risk | 1.1% | 1.0% | ₹292.17 Cr | 8.2% |
| Union Multicap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1041.99 Cr | 7.6% |
| Union Balanced Advantage Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1365.41 Cr | 7.6% |
| Union Equity Savings Fund Direct Growth Moderate Risk | 1.5% | 1.0% | ₹135.91 Cr | 6.6% |
| Union Arbitrage Fund Direct Growth Low Risk | 0.5% | 0.0% | ₹302.61 Cr | 7.8% |
| Union Tax Saver (ELSS) Fund Direct Growth Very High Risk | 1.4% | 0.0% | ₹860.04 Cr | 5.9% |
| Union Dynamic Bond Fund Direct Growth Moderate Risk | 1.3% | 1.0% | ₹77.84 Cr | 11.4% |
| Union Flexi Cap Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹2158.70 Cr | 6.7% |
| Union Liquid Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹3206.36 Cr | 7.4% |
| Union Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1312.88 Cr | 8.6% |
| Union Gilt Fund Direct Growth Moderate Risk | 0.7% | 0.0% | ₹128.97 Cr | 11.6% |
| Union Largecap Fund Direct Growth Very High Risk | 1.3% | 1.0% | ₹431.77 Cr | 4.1% |
| Union Retirement Fund Direct Growth Very High Risk | 0.9% | 0.0% | ₹154.84 Cr | 8.1% |
| Union Corporate Bond Fund Direct Growth Moderate Risk | 0.4% | 1.0% | ₹319.94 Cr | 9.8% |
| Union Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹252.95 Cr | 6.6% |
| Union Focused Fund Direct Growth Very High Risk | 1.4% | 1.0% | ₹389.30 Cr | 4.4% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹167.35 Cr | 7.8% |
| Union Large & Midcap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹807.41 Cr | 7.2% |
Risk Level
Your principal amount will be at Low Risk
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What is the current NAV of Union Arbitrage Fund Direct Growth?
The NAV of Union Arbitrage Fund Direct Growth, as of 17-Apr-2025, is ₹14.36.
What are the returns of Union Arbitrage Fund Direct Growth?
The fund has generated 7.77% over the last 1 year and 7.17% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Union Arbitrage Fund Direct Growth?
The fund's allocation of assets is distributed as 0.23% in equities, 0.93% in bonds, and 98.81% in cash and cash equivalents.
Who manages the Union Arbitrage Fund Direct Growth?
The fund managers responsible for Union Arbitrage Fund Direct Growth are:-
- Devesh Thacker
- Vishal Thakker
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
Union Arbitrage Fund Direct Growth
AlternativeArbitrage FundLow Risk
Direct
NAV (17-Apr-25)
₹14.360.03%1D
Returns (Since Inception)
6.03%
Rated ★4.3+ on
Fund Overview
Fund Size
₹303 Cr
Expense Ratio
0.45%
ISIN
INF582M01ES7
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
27 Feb 2019
Risk Level
Your principal amount will be at Low Risk
About this fund
Union Arbitrage Fund Direct Growth is a Arbitrage Fund mutual fund schemes offered by Union Mutual Fund. This fund has been in existence for 6 years, 1 months and 23 days, having been launched on 27-Feb-19.
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹14.36, Assets Under Management (AUM) of 302.61 Crores, and an expense ratio of 0.45%.
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹14.36, Assets Under Management (AUM) of 302.61 Crores, and an expense ratio of 0.45%.
- Union Arbitrage Fund Direct Growth has given a CAGR return of 6.03% since inception.
- The fund's asset allocation comprises around 0.23% in equities, 0.93% in debts, and 98.81% in cash & cash equivalents.
- You can start investing in Union Arbitrage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.77%
+6.73% (Cat Avg.)
3 Years
+7.17%
+6.55% (Cat Avg.)
5 Years
+5.92%
+5.40% (Cat Avg.)
Since Inception
+6.03%
— (Cat Avg.)
Portfolio Summaryas of 31st March 2025
| Equity | ₹0.7 Cr | 0.23% |
| Debt | ₹2.81 Cr | 0.93% |
| Others | ₹299.1 Cr | 98.84% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹207.48 Cr | 68.56% |
| Union Liquid Dir Gr | Mutual Fund - Open End | ₹35.67 Cr | 11.79% |
| Treps | Cash - Repurchase Agreement | ₹31.48 Cr | 10.40% |
| 7.40% Reverse Repo | Cash - Repurchase Agreement | ₹16.8 Cr | 5.55% |
| Union Money Market Dir Gr | Mutual Fund - Open End | ₹9.82 Cr | 3.24% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-7.07 Cr | 2.34% |
| HDFC Bank Ltd | Equity | ₹7.04 Cr | 2.33% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-6.73 Cr | 2.22% |
| Reliance Industries Ltd | Equity | ₹6.69 Cr | 2.21% |
| Future on KEI Industries Ltd | Equity - Future | ₹-6.04 Cr | 2.00% |
| KEI Industries Ltd | Equity | ₹6.03 Cr | 1.99% |
| Future on Tech Mahindra Ltd | Equity - Future | ₹-5.03 Cr | 1.66% |
| Tech Mahindra Ltd | Equity | ₹5.02 Cr | 1.66% |
| Future on Adani Green Energy Ltd | Equity - Future | ₹-4.9 Cr | 1.62% |
| Adani Green Energy Ltd | Equity | ₹4.87 Cr | 1.61% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-4.35 Cr | 1.44% |
| Kotak Mahindra Bank Ltd | Equity | ₹4.34 Cr | 1.43% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-4.17 Cr | 1.38% |
| UltraTech Cement Ltd | Equity | ₹4.14 Cr | 1.37% |
| Voltas Ltd | Equity | ₹4.07 Cr | 1.34% |
| Future on Divi's Laboratories Ltd | Equity - Future | ₹-4.01 Cr | 1.32% |
| Future on Voltas Ltd | Equity - Future | ₹-4.01 Cr | 1.32% |
| Divi's Laboratories Ltd | Equity | ₹3.99 Cr | 1.32% |
| The Indian Hotels Company Ltd. 24-Apr-25 | Equity - Future | ₹-3.8 Cr | 1.26% |
| Indian Hotels Co Ltd | Equity | ₹3.78 Cr | 1.25% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-3.59 Cr | 1.19% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹3.58 Cr | 1.18% |
| Future on NTPC Ltd | Equity - Future | ₹-3.55 Cr | 1.17% |
| NTPC Ltd | Equity | ₹3.54 Cr | 1.17% |
| Future on Trent Ltd | Equity - Future | ₹-3.42 Cr | 1.13% |
| Trent Ltd | Equity | ₹3.41 Cr | 1.13% |
| Future on Eicher Motors Ltd | Equity - Future | ₹-3.29 Cr | 1.09% |
| Eicher Motors Ltd | Equity | ₹3.28 Cr | 1.08% |
| Future on The Federal Bank Ltd | Equity - Future | ₹-3.2 Cr | 1.06% |
| The Federal Bank Ltd | Equity | ₹3.18 Cr | 1.05% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-3.15 Cr | 1.04% |
| Bajaj Finance Ltd | Equity | ₹3.13 Cr | 1.03% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-3.09 Cr | 1.02% |
| Future on State Bank of India | Equity - Future | ₹-3.08 Cr | 1.02% |
| Mahindra & Mahindra Ltd | Equity | ₹3.08 Cr | 1.02% |
| State Bank of India | Equity | ₹3.07 Cr | 1.01% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-2.98 Cr | 0.98% |
| Bharti Airtel Ltd | Equity | ₹2.96 Cr | 0.98% |
| Future on Cholamandalam Investment and Finance Co Ltd | Equity - Future | ₹-2.96 Cr | 0.98% |
| Future on Oil & Natural Gas Corp Ltd | Equity - Future | ₹-2.96 Cr | 0.98% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹2.94 Cr | 0.97% |
| Future on ICICI Bank Ltd | Equity - Future | ₹-2.94 Cr | 0.97% |
| Oil & Natural Gas Corp Ltd | Equity | ₹2.94 Cr | 0.97% |
| ICICI Bank Ltd | Equity | ₹2.93 Cr | 0.97% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-2.86 Cr | 0.95% |
| Hindustan Unilever Ltd | Equity | ₹2.85 Cr | 0.94% |
| Future on Infosys Ltd | Equity - Future | ₹-2.65 Cr | 0.88% |
| Infosys Ltd | Equity | ₹2.64 Cr | 0.87% |
| Future on Vodafone Idea Ltd | Equity - Future | ₹-2.63 Cr | 0.87% |
| Vodafone Idea Ltd | Equity | ₹2.61 Cr | 0.86% |
| Future on Pidilite Industries Ltd | Equity - Future | ₹-2.58 Cr | 0.85% |
| Pidilite Industries Ltd | Equity | ₹2.56 Cr | 0.85% |
| Future on Vedanta Ltd | Equity - Future | ₹-2.51 Cr | 0.83% |
| Vedanta Ltd | Equity | ₹2.5 Cr | 0.83% |
| Future on TVS Motor Co Ltd | Equity - Future | ₹-2.47 Cr | 0.82% |
| Future on Hindustan Aeronautics Ltd Ordinary Shares | Equity - Future | ₹-2.46 Cr | 0.81% |
| TVS Motor Co Ltd | Equity | ₹2.46 Cr | 0.81% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹2.44 Cr | 0.81% |
| Future on Bajaj Finserv Ltd | Equity - Future | ₹-2.42 Cr | 0.80% |
| Bajaj Finserv Ltd | Equity | ₹2.41 Cr | 0.80% |
| Future on Aditya Birla Fashion and Retail Ltd | Equity - Future | ₹-2.27 Cr | 0.75% |
| Aditya Birla Fashion and Retail Ltd | Equity | ₹2.27 Cr | 0.75% |
| Future on Jubilant Foodworks Ltd | Equity - Future | ₹-2.17 Cr | 0.72% |
| Jubilant Foodworks Ltd | Equity | ₹2.16 Cr | 0.71% |
| Future on Axis Bank Ltd | Equity - Future | ₹-2.14 Cr | 0.71% |
| Axis Bank Ltd | Equity | ₹2.14 Cr | 0.71% |
| Future on Coforge Ltd | Equity - Future | ₹-2.13 Cr | 0.70% |
| Future on Tata Steel Ltd. | Equity - Future | ₹-2.13 Cr | 0.70% |
| Coforge Ltd | Equity | ₹2.13 Cr | 0.70% |
| Tata Steel Ltd | Equity | ₹2.12 Cr | 0.70% |
| Future on REC Ltd | Equity - Future | ₹-2.11 Cr | 0.70% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-2.11 Cr | 0.70% |
| Future on Asian Paints Ltd | Equity - Future | ₹-2.11 Cr | 0.70% |
| Asian Paints Ltd | Equity | ₹2.11 Cr | 0.70% |
| REC Ltd | Equity | ₹2.1 Cr | 0.69% |
| Hindalco Industries Ltd | Equity | ₹2.1 Cr | 0.69% |
| Future on Siemens Ltd | Equity - Future | ₹-2.1 Cr | 0.69% |
| Siemens Ltd | Equity | ₹2.1 Cr | 0.69% |
| Future on Jio Financial Services Ltd | Equity - Future | ₹-2.07 Cr | 0.69% |
| Future on UPL Ltd | Equity - Future | ₹-2.07 Cr | 0.69% |
| UPL Ltd | Equity | ₹2.07 Cr | 0.68% |
| Jio Financial Services Ltd | Equity | ₹2.06 Cr | 0.68% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-2.05 Cr | 0.68% |
| Future on Persistent Systems Ltd | Equity - Future | ₹-2.04 Cr | 0.68% |
| Larsen & Toubro Ltd | Equity | ₹2.04 Cr | 0.68% |
| Persistent Systems Ltd | Equity | ₹2.04 Cr | 0.67% |
| Future on PB Fintech Ltd | Equity - Future | ₹-2.03 Cr | 0.67% |
| PB Fintech Ltd | Equity | ₹2.02 Cr | 0.67% |
| 182 Days Tbill | Bond - Gov't/Treasury | ₹2 Cr | 0.66% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-1.99 Cr | 0.66% |
| Bharat Electronics Ltd | Equity | ₹1.98 Cr | 0.65% |
| Future on Godrej Properties Ltd | Equity - Future | ₹-1.92 Cr | 0.64% |
| Future on Tube Investments of India Ltd Ordinary Shares | Equity - Future | ₹-1.92 Cr | 0.63% |
| Godrej Properties Ltd | Equity | ₹1.92 Cr | 0.63% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹1.91 Cr | 0.63% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-1.9 Cr | 0.63% |
| Tata Consultancy Services Ltd | Equity | ₹1.89 Cr | 0.63% |
| Future on HDFC Life Insurance Co Ltd | Equity - Future | ₹-1.89 Cr | 0.62% |
| Future on ICICI Lombard General Insurance Co Ltd | Equity - Future | ₹-1.89 Cr | 0.62% |
| HDFC Life Insurance Co Ltd | Equity | ₹1.89 Cr | 0.62% |
| Future on Adani Enterprises Ltd | Equity - Future | ₹-1.88 Cr | 0.62% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹1.88 Cr | 0.62% |
| Adani Enterprises Ltd | Equity | ₹1.88 Cr | 0.62% |
| Future on Mphasis Ltd | Equity - Future | ₹-1.86 Cr | 0.62% |
| Future on Dalmia Bharat Ltd | Equity - Future | ₹-1.86 Cr | 0.62% |
| Future on Aurobindo Pharma Ltd | Equity - Future | ₹-1.86 Cr | 0.61% |
| Mphasis Ltd | Equity | ₹1.86 Cr | 0.61% |
| Dalmia Bharat Ltd | Equity | ₹1.85 Cr | 0.61% |
| Aurobindo Pharma Ltd | Equity | ₹1.85 Cr | 0.61% |
| Future on Coal India Ltd | Equity - Future | ₹-1.84 Cr | 0.61% |
| Coal India Ltd | Equity | ₹1.84 Cr | 0.61% |
| Indus Towers Ltd. 24-Apr-25 | Equity - Future | ₹-1.83 Cr | 0.60% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹1.82 Cr | 0.60% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-1.79 Cr | 0.59% |
| Maruti Suzuki India Ltd | Equity | ₹1.79 Cr | 0.59% |
| Future on Polycab India Ltd | Equity - Future | ₹-1.68 Cr | 0.56% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-1.67 Cr | 0.55% |
| Polycab India Ltd | Equity | ₹1.67 Cr | 0.55% |
| HCL Technologies Ltd | Equity | ₹1.67 Cr | 0.55% |
| Future on Adani Ports & Special Economic Zone Ltd | Equity - Future | ₹-1.62 Cr | 0.53% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹1.61 Cr | 0.53% |
| Future on Cyient Ltd | Equity - Future | ₹-1.6 Cr | 0.53% |
| Cyient Ltd | Equity | ₹1.59 Cr | 0.53% |
| Future on Cipla Ltd | Equity - Future | ₹-1.55 Cr | 0.51% |
| Cipla Ltd | Equity | ₹1.55 Cr | 0.51% |
| Future on Multi Commodity Exchange of India Ltd | Equity - Future | ₹-1.49 Cr | 0.49% |
| Multi Commodity Exchange of India Ltd | Equity | ₹1.49 Cr | 0.49% |
| Power Finance Corp Ltd. | Bond - Corporate Bond | ₹-1.46 Cr | 0.48% |
| Power Finance Corp Ltd | Equity | ₹1.45 Cr | 0.48% |
| Future on Dixon Technologies (India) Ltd | Equity - Future | ₹-1.39 Cr | 0.46% |
| Dixon Technologies (India) Ltd | Equity | ₹1.38 Cr | 0.46% |
| Future on Grasim Industries Ltd | Equity - Future | ₹-1.37 Cr | 0.45% |
| Grasim Industries Ltd | Equity | ₹1.37 Cr | 0.45% |
| Future on Bank of India | Equity - Future | ₹-1.35 Cr | 0.45% |
| Bank of India | Equity | ₹1.34 Cr | 0.44% |
| Future on Titan Co Ltd | Equity - Future | ₹-1.29 Cr | 0.43% |
| Titan Co Ltd | Equity | ₹1.29 Cr | 0.43% |
| Future on Indian Railway Catering And Tourism Corp Ltd | Equity - Future | ₹-1.28 Cr | 0.42% |
| Indian Railway Catering And Tourism Corp Ltd | Equity | ₹1.27 Cr | 0.42% |
| Future on Hindustan Petroleum Corp Ltd | Equity - Future | ₹-1.24 Cr | 0.41% |
| Hindustan Petroleum Corp Ltd | Equity | ₹1.24 Cr | 0.41% |
| Future on Max Financial Services Ltd | Equity - Future | ₹-1.2 Cr | 0.40% |
| Max Financial Services Ltd | Equity | ₹1.19 Cr | 0.39% |
| Future on Bajaj Auto Ltd | Equity - Future | ₹-1.19 Cr | 0.39% |
| Bajaj Auto Ltd | Equity | ₹1.18 Cr | 0.39% |
| Future on DLF Ltd | Equity - Future | ₹-1.13 Cr | 0.37% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹1.13 Cr | 0.37% |
| Future on SBI Cards and Payment Services Ltd Ordinary Shares | Equity - Future | ₹-1.13 Cr | 0.37% |
| DLF Ltd | Equity | ₹1.12 Cr | 0.37% |
| Future on Balkrishna Industries Ltd | Equity - Future | ₹-1.07 Cr | 0.36% |
| Balkrishna Industries Ltd | Equity | ₹1.07 Cr | 0.35% |
| Future on ITC Ltd | Equity - Future | ₹-1.05 Cr | 0.35% |
| ITC Ltd | Equity | ₹1.05 Cr | 0.35% |
| Future on Lupin Ltd | Equity - Future | ₹-1.04 Cr | 0.34% |
| Lupin Ltd | Equity | ₹1.03 Cr | 0.34% |
| Future on Escorts Kubota Ltd | Equity - Future | ₹-1.03 Cr | 0.34% |
| Escorts Kubota Ltd | Equity | ₹1.02 Cr | 0.34% |
| Future on Apollo Hospitals Enterprise Ltd | Equity - Future | ₹-0.99 Cr | 0.33% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹0.99 Cr | 0.33% |
| Future on United Spirits Ltd | Equity - Future | ₹-0.98 Cr | 0.32% |
| United Spirits Ltd | Equity | ₹0.98 Cr | 0.32% |
| Future on Tata Consumer Products Ltd | Equity - Future | ₹-0.96 Cr | 0.32% |
| Tata Consumer Products Ltd | Equity | ₹0.96 Cr | 0.32% |
| Future on Supreme Industries Ltd | Equity - Future | ₹-0.95 Cr | 0.31% |
| Supreme Industries Ltd | Equity | ₹0.94 Cr | 0.31% |
| Future on Bank of Baroda | Equity - Future | ₹-0.94 Cr | 0.31% |
| Bank of Baroda | Equity | ₹0.94 Cr | 0.31% |
| Future on Info Edge (India) Ltd | Equity - Future | ₹-0.92 Cr | 0.30% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-0.92 Cr | 0.30% |
| Info Edge (India) Ltd | Equity | ₹0.92 Cr | 0.30% |
| Tata Power Co Ltd | Equity | ₹0.91 Cr | 0.30% |
| Future on Nestle India Ltd | Equity - Future | ₹-0.9 Cr | 0.30% |
| Nestle India Ltd | Equity | ₹0.9 Cr | 0.30% |
| Future on Granules India Ltd | Equity - Future | ₹-0.88 Cr | 0.29% |
| Granules India Ltd | Equity | ₹0.88 Cr | 0.29% |
| Future on IIFL Finance Ltd | Equity - Future | ₹-0.87 Cr | 0.29% |
| IIFL Finance Ltd | Equity | ₹0.86 Cr | 0.29% |
| Future on Adani Energy Solutions Ltd | Equity - Future | ₹-0.82 Cr | 0.27% |
| Adani Energy Solutions Ltd | Equity | ₹0.82 Cr | 0.27% |
| Future on SBI Life Insurance Co Ltd | Equity - Future | ₹-0.82 Cr | 0.27% |
| SBI Life Insurance Co Ltd | Equity | ₹0.81 Cr | 0.27% |
| Future on Max Healthcare Institute Ltd Ordinary Shares | Equity - Future | ₹-0.75 Cr | 0.25% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹0.75 Cr | 0.25% |
| Future on Prestige Estates Projects Ltd | Equity - Future | ₹-0.73 Cr | 0.24% |
| Prestige Estates Projects Ltd | Equity | ₹0.73 Cr | 0.24% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-0.68 Cr | 0.22% |
| Ambuja Cements Ltd | Equity | ₹0.68 Cr | 0.22% |
| Future on Canara Bank | Equity - Future | ₹-0.66 Cr | 0.22% |
| Canara Bank | Equity | ₹0.66 Cr | 0.22% |
| Future on GMR Airports Ltd | Equity - Future | ₹-0.64 Cr | 0.21% |
| GMR Airports Ltd | Equity | ₹0.64 Cr | 0.21% |
| Future on Tata Motors Ltd | Equity - Future | ₹-0.6 Cr | 0.20% |
| Tata Motors Ltd | Equity | ₹0.59 Cr | 0.20% |
| Future on JSW Energy Ltd | Equity - Future | ₹-0.53 Cr | 0.17% |
| JSW Energy Ltd | Equity | ₹0.52 Cr | 0.17% |
| Future on Shriram Finance Ltd | Equity - Future | ₹-0.49 Cr | 0.16% |
| Shriram Finance Ltd | Equity | ₹0.49 Cr | 0.16% |
| Future on Astral Ltd | Equity - Future | ₹-0.38 Cr | 0.13% |
| Astral Ltd | Equity | ₹0.38 Cr | 0.13% |
| 182 DTB 05062025 | Bond - Gov't/Treasury | ₹0.3 Cr | 0.10% |
| Future on CG Power & Industrial Solutions Ltd | Equity - Future | ₹-0.19 Cr | 0.06% |
| CG Power & Industrial Solutions Ltd | Equity | ₹0.19 Cr | 0.06% |
| Net Receivable / Payable | Cash - Collateral | ₹-0.16 Cr | 0.05% |
| Future on Varun Beverages Ltd | Equity - Future | ₹-0.09 Cr | 0.03% |
| Varun Beverages Ltd | Equity | ₹0.09 Cr | 0.03% |
| Future on Hero MotoCorp Ltd | Equity - Future | ₹-0.06 Cr | 0.02% |
| Hero MotoCorp Ltd | Equity | ₹0.06 Cr | 0.02% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹51.5 Cr | 17.02% |
| Consumer Cyclical | ₹30.47 Cr | 10.07% |
| Industrials | ₹25.82 Cr | 8.53% |
| Basic Materials | ₹21.51 Cr | 7.11% |
| Technology | ₹18.63 Cr | 6.16% |
| Healthcare | ₹14.62 Cr | 4.83% |
| Energy | ₹14.59 Cr | 4.82% |
| Utilities | ₹10.67 Cr | 3.53% |
| Communication Services | ₹8.31 Cr | 2.75% |
| Consumer Defensive | ₹6.83 Cr | 2.26% |
| Real Estate | ₹3.77 Cr | 1.25% |
Risk & Performance Ratios
Standard Deviation
This fund
0.63%
Cat. avg.
0.83%
Lower the better
Sharpe Ratio
This fund
0.87
Cat. avg.
0.08
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.41
Higher the better
Fund Managers
Devesh Thacker
Since February 2019
Vishal Thakker
Since February 2019
Additional Scheme Detailsas of 31st March 2025
ISIN INF582M01ES7 | Expense Ratio 0.45% | Exit Load No Charges | Fund Size ₹303 Cr | Age 6 years 1 month | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY 50 Arbitrage TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
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| Samco Arbitrage Fund Regular Growth Low Risk | 1.2% | 0.0% | ₹34.08 Cr | - |
| Samco Arbitrage Fund Direct Growth Low Risk | 0.4% | 0.0% | ₹34.08 Cr | - |
| Franklin India Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹206.80 Cr | - |
| Franklin India Arbitrage Fund Regular Growth Low Risk | 1.0% | 0.0% | ₹206.80 Cr | - |
About the AMC
Union Mutual Fund
Total AUM
₹38,926 Cr
Address
Unit 802, 8th Floor, Tower ‘A’, Mumbai, 400013
Other Funds by Union Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Union Children's Fund Direct Growth Very High Risk | 1.3% | 0.0% | ₹61.87 Cr | 10.1% |
| Union Innovation & Opportunities Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹854.34 Cr | 12.7% |
| Union Fixed Maturity Plan 1114 Days Series 13 Direct Growth Moderate Risk | - | 0.0% | ₹25.17 Cr | 8.1% |
| Union Small Cap Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1444.06 Cr | 4.4% |
| Union Hybrid Equity Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹618.56 Cr | 8.4% |
| Union Medium Duration Fund Direct Growth Moderate Risk | 0.6% | 1.0% | ₹80.25 Cr | 8.2% |
| Union Value Discovery Fund Direct Growth Very High Risk | 1.1% | 1.0% | ₹292.17 Cr | 8.2% |
| Union Multicap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1041.99 Cr | 7.6% |
| Union Balanced Advantage Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1365.41 Cr | 7.6% |
| Union Equity Savings Fund Direct Growth Moderate Risk | 1.5% | 1.0% | ₹135.91 Cr | 6.6% |
| Union Arbitrage Fund Direct Growth Low Risk | 0.5% | 0.0% | ₹302.61 Cr | 7.8% |
| Union Tax Saver (ELSS) Fund Direct Growth Very High Risk | 1.4% | 0.0% | ₹860.04 Cr | 5.9% |
| Union Dynamic Bond Fund Direct Growth Moderate Risk | 1.3% | 1.0% | ₹77.84 Cr | 11.4% |
| Union Flexi Cap Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹2158.70 Cr | 6.7% |
| Union Liquid Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹3206.36 Cr | 7.4% |
| Union Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1312.88 Cr | 8.6% |
| Union Gilt Fund Direct Growth Moderate Risk | 0.7% | 0.0% | ₹128.97 Cr | 11.6% |
| Union Largecap Fund Direct Growth Very High Risk | 1.3% | 1.0% | ₹431.77 Cr | 4.1% |
| Union Retirement Fund Direct Growth Very High Risk | 0.9% | 0.0% | ₹154.84 Cr | 8.1% |
| Union Corporate Bond Fund Direct Growth Moderate Risk | 0.4% | 1.0% | ₹319.94 Cr | 9.8% |
| Union Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹252.95 Cr | 6.6% |
| Union Focused Fund Direct Growth Very High Risk | 1.4% | 1.0% | ₹389.30 Cr | 4.4% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹167.35 Cr | 7.8% |
| Union Large & Midcap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹807.41 Cr | 7.2% |
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Union Arbitrage Fund Direct Growth?
The NAV of Union Arbitrage Fund Direct Growth, as of 17-Apr-2025, is ₹14.36.
What are the returns of Union Arbitrage Fund Direct Growth?
The fund has generated 7.77% over the last 1 year and 7.17% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Union Arbitrage Fund Direct Growth?
The fund's allocation of assets is distributed as 0.23% in equities, 0.93% in bonds, and 98.81% in cash and cash equivalents.
Who manages the Union Arbitrage Fund Direct Growth?
The fund managers responsible for Union Arbitrage Fund Direct Growth are:-
- Devesh Thacker
- Vishal Thakker
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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